5Establishment of Trust[[2]](#endnote-3)

5 Establishment of Trust[[2]](#endnote-3)

(1) There is established a Trust to be called the Melbourne and Olympic Parks Trust.

(2) The Trust—

(a) is a body corporate with perpetual succession; and

(b) has a common seal; and

(c) may sue and be sued in its corporate name; and

(d) may acquire, hold and dispose of real and personal property; and

(e) may do and suffer all acts and things that a body corporate may, by law, do and suffer.

(3) The common seal must be kept as directed by the Trust and must not be used except as authorised by the Trust.

(4) All courts must take judicial notice of the seal of the Trust on a document and, until the contrary is proved, must presume that the document was properly sealed.

S. 6
amended by No. 73/1986 s. 4(a), substituted by No. 34/1995 s. 8.